President Obama Signs Final Stimulus Package into Law
Now We See If the American Recovery and Reinvestment Act Will Work
Introducing the President was Blake Jones, CEO of Namaste Solar Electric, the company that installed the solar panels on the Colorado governor's mansion. According to the New York Times, companies like Namaste Solar will be big beneficiaries of the stimulus package, which was designed to push greener, renewable energy sources. Part of the package includes weatherization and energy efficiency projects totally in the billions of dollars, including $6 billion in energy grants for state and local governments.
Even though there exists great anticipation for the final stimulus package to be implemented, not everyone was pleased with the final details signed into law in Denver. Only three Republican senators voted for the measure. Not one Republican representative voted for it. As much as President Obama attempted to include Republican legislators, the more it seemed his entreaties fell upon deaf ears. Some, like Senators John McCain (AZ) and Lindsey Graham (SC), said that the final stimulus package wasn't a bipartisan effort at all.
Alaska Governor Sarah Palin told Fox News' Greta van Susteren on "On The Record" that she hoped that the president would veto the legislation so that it would delay everything long enough for all the legislators to read the entire measure.
Governor Mark Sanford of South Carolina called for more tax cuts and better trade agreements, condemning the final stimulus package as "mortgaging our children's future."
Paul Begala, a Democratic strategist, answered Sanford's histrionics with: After all, if you think all that federal spending is damaging, there are easy ways to reduce it: Don't take federal money."After all, if you think all that federal spending is damaging, there are easy ways to reduce it: Don't take federal money." Begala explains that South Carolina has been a ward of the federal government for years, so Sanford actually has no credibility with such an approach.
Palin, however, had a point. The final stimulus package was 1,075 pages long in printed format. (CNN's Lou Dobbs kept picking up the huge printed mass and dropping on his desk during one broadcast.) There is no way any of our legislators read that massive tome (except maybe Dennis Kucinich; remember: He was one of only two or three people who read that insidiously worded Patriot Act that would haunt anyone who adheres to the tenets of the Constitution). It would have behooved our legislators to have delegated sections of the American Recovery and Reinvestment Act to staff members to read (to look for discrepancies and problems) and to have read as much of it as they possibly could themselves before the final vote.
Instead, what the American public got was a bunch of posturing fools either touting the legislation (without knowing much about it) or universally denying it merits (without knowing much about it). We even got ridiculous assertions from Republican representative Steve King of Iowa about the "Pelosi pet mouse project" that was supposed to cost the American public $30 million. No such piece of legislation was in the final stimulus package, or any other package that anyone can find.
No one read it, but some felt the need to extemporize...
And no one knows if the final stimulus package signed by President Obama will work to stabilize the failing American economy. But doing nothing is - doing nothing. At least the stimulus package is a proactive step.
Implementation is next. Hopefully, so is recovery...
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NYTimes.com
FoxNews.com
Associated Content
"Lou Dobbs Tonight," CNN Television
CNN.com
Published by Saul Relative
WVU graduate, with degrees in History, English, Secondary Education, Computer Programming, and Psychology (and nearly a degree in Political Science). Originally from West Virginia, with stints in Virginia,... View profile
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7 Comments
Post a CommentActually, the children paying for our mistakes argument is b.s. Parameters change. The succeeding generations always benefit and/or pay for the actions and non-actions of their predecessors. The Democrats use the same argument when Republicans are being idiots. Now, it's the Republicans' turn to act ahocked and responsible...
I think the next generation will be paying dearly for this one.
very clear write up hope it goes well!
Although unrealistic, had he been a better politician he would have vetoed it. No buy in from the Republicans and what he has done is hung the Dems. out to dry. No way this can work and our grandchildren will be paying for it! With one swipe of a pen, Obama has saved Jimmy Carter from being the worst pres. in history.
Sarah Palin made a good point about allowing more time for reading the package-as if time had been a luxury in this case. Then she made a totally idiotic statement of the President vetoing it. Once a Palin always a Palin!
Sanford and Graham are both prone to posturing, Graham more so than the governor, but at a critical time such as this, any is too much. Perhaps if they were as worried about losing their jobs, their health insurance, and their homes as the rest of the people they are supposed to represent, they'd be talking out of the other side of their mouth.
good old sarah palin, why would the president veto his own stimulus package? LOL